❔How to buy token with DEX (Phantom | Raydium | Jupiter)
If you're new to decentralized finance (DeFi) and looking to buy $WATER, this tutorial will guide you through the steps. Follow these instructions carefully to ensure a smooth and secure experience.
Step 1: SET UP YOUR WALLET
First, you need a crypto wallet. We recommend using this one, which you can get here: Phantom Wallet. Phantom is available as a mobile app or a browser extension.
Creating your wallet
Download and Install: Follow the instructions to download and install Phantom on your device.
Create a New Wallet: You'll receive a seed phrase and a security key during setup. NEVER SHARE THESE WITH ANYONE! Keep them safe and secure, because if you lose them, you lose access to your wallet and all its contents. Also, set up a password, you'll use it occasionally.
Please note that Scammers can use any means possible to steal your money! Never share anything except the Wallet Address and Transaction hash, this information is public anyway.
Also, never interact with any random thing (token, coin, NFT) that appears on your wallet, as it's also dangerous to interact with!
Step 2: FUND YOUR WALLET WITH $SOL
You need $SOL (Solana) in your wallet to buy $WATER.
Getting Your Wallet Address
Open your Phantom wallet.
Here are the wallet addresses you use to receive tokens (Every address is for 1 type, like USD, EUR, etc.)
Buying $SOL
This option makes sense if you are not comfortable with Centralized Exchanges or there is no $WATER available. Otherwise, it is better to buy $WATER there!
You can purchase $SOL through various exchanges (CEX) or platforms that support Solana. If you're unsure, using a centralized exchange (CEX) like Binance or Coinbase might be easier.
Buy $SOL on an exchange.
Withdraw $SOL to your Phantom wallet using your wallet address.You can use Coinbase Pay inside of Phantom Wallet to buy $SOL quickly if you have a Coinbase account!
Step 3: CONNECT YOUR WALLET TO A DEX
Next, you'll need to connect your Phantom wallet to a decentralized exchange (DEX) such as Raydium or Jupiter. This allows you to swap $SOL for $WATER directly within your wallet.
Connecting to a DEX
If you use a browser extension, you can just enter the websites and connect them to your wallet.
Just click "Connect Wallet" if you have Wallet in Browser
If you use a mobile device, you can enter the websites within the wallet.
Open your Phantom wallet.
Navigate to the DEX section or go to Raydium or Jupiter's website.
Tap on these and Connect wallet, after that, you can use the Swap option.
Connect your wallet by tapping the "Connect Wallet" option.
Step 4: Swap $SOL for $WATER
Option 1: DEX Interface Swap
One of the ways to get $WATER is to use the swap option available on the DEX.
Swapping Tokens
In the DEX interface, select $SOL as the token you want to swap.
Enter "WATER" or the token address for $WATER:
B6h248NJkAcBAkaCnji889a26tCiGXGN8cxhEJ4dX391
to find $WATER.Complete the swap! Now you have your $WATER!
Option 2: Phantom Wallet Swap (May not work right after token appearance on the market)
Another way to get $WATER is to use the swap option in the wallet itself!
In the wallet tap on a "Swap" option!
Select $SOL as the token you want to swap.
Enter "WATER" or the token address for $WATER:
B6h248NJkAcBAkaCnji889a26tCiGXGN8cxhEJ4dX391
to find $WATER.Complete the swap! Now you have your $WATER!
Here is the list of official aggregators where $WATER can be purchased before CEX listings:
WARNING!
DO NOT SEND ANYTHING TO THE TOKEN ADDRESS DIRECTLY! This address is only for identifying the token in the DEX. Sending tokens directly to this address will result in a permanent loss of your assets.
By following these steps, you'll be able to purchase $WATER safely and securely. Enjoy your journey into Crypto and the $WATER community!
Last updated